Bayhorse Silver Underground Drilling Operations Update
Original announcement by tmx on
- Company
- Bayhorse Silver Inc.
- Ticker
- BHS
- Exchange
- TSX
- Region
- Oregon, USA
- Primary commodity
- Silver
- Secondary commodities
- Copper, Zinc, Lead, Antimony
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 14:35:43 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Bayhorse Silver has completed preparations for a 2,000m underground diamond drilling program at the Bayhorse Silver Mine, set to commence June 1. The program targets newly identified IP anomalies (CR-2, CR-1, and CR-3) to extend the known silver mineralization.
Reasoning: The announcement focuses on the commencement of a new drilling phase and the identification of new targets, though it primarily reports on preparations and historical context rather than new assay results from the upcoming program.
Positive factors
- upcoming 2,000m underground drilling program
- identification of new IP targets (CR-2, CR-1, CR-3)
- high-grade silver intercepts in groundwater test well MW2
- QA/QC disclosure with QP sign-off
Facts used in scoring: 3
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release names Mark Abrams, AIPG, as a Qualified Person who prepared and approved the technical content.
Evidence · text
“Mark Abrams, AIPG, a Qualified Person and Director of the Company has prepared, supervised the preparation of, or approved the technical content of this news release.”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The program is described as intended to confirm presence and extend mineralized zones.
Evidence · text
“intended to confirm the presence of high grade silver bearing "tetrahedrite"”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
DD2024-01Bayhorse Silver Mine · silverIntercept: 213 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DD2024-01
- Project
- Bayhorse Silver Mine
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- oregon, usa
- Ticker
- BHS
Geometry
- Intercept
- 213 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-01-01T00:00:00.000Z
Dates
- Event date
- 2026-05-28T00:00:00.000Z
Reasoning: Historical intercept mentioned as context for the drill station.
Positive factors
- significant width of 213m
Evidence · text
“DD2024-01, that intersected 213 m (700 ft) of strong brecciation”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
MW2Bayhorse Silver Mine · silverGrade: 1104Grade Unit: g/tIntercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- MW2
- Project
- Bayhorse Silver Mine
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- oregon, usa
- Ticker
- BHS
Geometry
- Grade
- 1104
- Grade Unit
- g/t
- Intercept
- 1.5 m
- From
- 22 m
- To
- 33.5 m
- Intercept Depth
- 22 m
Classification
- Sample Type
- drill
- Group ID
- MW2:22-33.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-28T00:00:00.000Z
Reasoning: High grade silver intercept found in a groundwater test well.
Positive factors
- high grade silver intercept
Evidence · text
“1.5 m (5 ft) grading an average of 1,104 g/t (35.46 opt) silver”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
MW2Bayhorse Silver Mine · silverGrade: 770Grade Unit: g/tIntercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- MW2
- Project
- Bayhorse Silver Mine
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- oregon, usa
- Ticker
- BHS
Geometry
- Grade
- 770
- Grade Unit
- g/t
- Intercept
- 1.5 m
- From
- 22 m
- To
- 33.5 m
- Intercept Depth
- 22 m
Classification
- Sample Type
- drill
- Group ID
- MW2:22-33.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-28T00:00:00.000Z
Reasoning: Second part of the MW2 intersection reported.
Positive factors
- significant silver grade
Evidence · text
“1.5 m (5 ft) averaging 770 g/t (23.12 opt) silver”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.